NEOS Files for High-Income Ethereum ETF, Using Options Strategies and Indirect Exposure to Boost Yields Amid Institutional ETH Surge

NEOS Investment Management has officially submitted an application for a new exchange-traded fund (ETF) aimed at high-income investors, which will focus on Ethereum, the second-largest cryptocurrency by market capitalization. This innovative ETF is set to utilize a variety of options strategies to enhance the overall yields for its investors. By employing these strategies, NEOS aims to not only generate income but also manage risk effectively. Additionally, the fund will seek out indirect exposure to Ethereum, allowing it to capture potential price movements in the cryptocurrency market without requiring direct ownership of ETH. This move comes at a time when there has been a noticeable surge in institutional interest and investment in Ethereum, signaling growing confidence in the asset's long-term value proposition. Through this approach, NEOS hopes to provide investors with a compelling opportunity to benefit from the burgeoning Ethereum ecosystem while aiming for higher income returns. source: https://blocknews.com/neos-files-for-high-income-ethereum-etf-using-options-strategies-and-indirect-exposure-to-boost-yields-amid-institutional-eth-surge/